1 Millfield Close

    1, MILLFIELD CLOSE, TEALBY, MARKET RASEN, LN8 3XQ

    This detached freehold property on Millfield Close last sold in June 2025 for £343,000. Based on price growth in the LN8 district since then, its estimated current value is £343,000 — placing it in the 58th percentile nationally and the 78th percentile within LN8. The property covers 212 m² (2,282 sq ft), giving an estimated value of £1,618 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,282 sq ft

    212 m²

    Last Sale Price

    £343,000

    Jun 2025

    Estimated Valuation

    £343,000

    Est. £/sq ft

    £150/sq ft

    £1,618/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area2,282 sq ft (212 m²)
    EPC dateMay 2021
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and underfloor heating, mains gas

    Transaction History

    5 Jun 2025

    £343,000

    Key Metrics

    Estimated valuation£343,000
    Value per sq ft / m²£150/sq ft (£1,618/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile78th percentile
    National percentile58th percentile

    District Context — LN8

    LN8 covers the coastal and rural areas around Alford and Spilsby in east Lincolnshire, situated inland from the North Sea coast. It is a predominantly rural postcode with a characterful, quieter appeal suited to those seeking a countryside setting away from urban centres.

    Average Property Price - LN8

    £264,976

    32

    National percentile

    Average Net Household Income - LN8

    £37,112

    45

    National percentile

    10-Year Annualised Price Growth - LN8

    4.0%

    68

    National percentile

    10-Year Annualised Rent Growth - LN

    4.2%

    64

    National percentile

    View full analysis for LN8

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